Expert Contributor
Happy New Year from Fannie Mae and Freddie Mac By Steve Cline, Preferred Financial
New, much higher 2019 loan limits have just been announced: Regular Conventional Limit - $484,300 (previously $453,100) High-Balance limit - $726,525 (previously $679,650) These higher limits are welcome news for anyone looking to: *Consolidate more debt with zero costs involved *Pay off existing adjustable HELOC’s, most likely making it tax deductible *Take advantage of increased purchasing power *Pay less out of pocket to buy your loan balance down out of jumbo and intoconforming range at a lower interest rate The new limits are in effect now and I will be happy to price out a refinance or purchase loan with your specific needs in mind. Call at 925-820-5557 or email me at scline@ preferredfinancial.com. Have a wonderful new year.
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JANUARY 2019
